Stocks slip as protests shake Hong Kong, trade woes linger
TOKYO (AP) — Global shares retreated Wednesday and Hong Kong’s Hang Seng index fell sharply as thousands continued protests against proposed legislation that many city residents fear could further erode the territory’s legal autonomy.
In midday trading in Europe, Germany’s DAX lost 0.4% to 12,104 and the CAC 40 in France dropped 0.6% to 5,377. Britain’s FTSE 100 also skidded 0.6% to 7,356. U.S. shares were headed for a weak open as the future contract for the Dow Jones industrial average lost 0.2% to 26,017 while that for the S&P 500 also declined 0.2% to 2,882.